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BALY logo — BALY is on a mission to become Iraq's super-app. Built by yo...

BALY

BALY is on a mission to become Iraq's super-app. Built by young Iraqi talents and backed by Rocket Internet.

Founded 2021 Iraq Iraq 369 employees Seed Total: $10.50M

General Information

Company Name BALY
Founded Year 2021
Location Iraq Iraq +1
Employees 369
Funding Stage Seed
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About BALY

BALY is an Iraqi startup founded in 2021 with a mission to become Iraq's super-app. The company, which operates in the Transportation industry, has recently attracted significant attention with a $10.50M Seed Round investment on 28 January 2022. This investment was made by a consortium of notable investors including Global Founders Capital, Kingsway Capital, Vostok Ventures, MSA Novo, March Holding, and Majid Al Futtaim Holdings LLC. Noteworthy about this startup is its strong backing by Rocket Internet, which adds further credibility to its growth potential. With its focus on Iraq and the backing of influential investors, BALY presents an intriguing opportunity for venture capitalists looking to tap into the burgeoning tech scene in the region.

Taxonomy: super-app, Iraq, startup, Rocket Internet, technology, entrepreneurship, digital innovation, marketplace

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed •••••• 7
Investor Investor Investor Investor
•••• •••• 		01 Jan 2022

FAQ About BALY

BALY is on a mission to become Iraq's super-app. Built by young Iraqi talents and backed by Rocket Internet.
BALY was founded in 2021.
BALY is headquartered in Iraq.
BALY has approximately 369 employees.
BALY has completed 1 funding round, raising a total of $10.50M. The latest funding stage is Seed.

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